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How I Built The Hustle w/ Sam Parr
Founder's Journal
Setting a Goal and Timeline for Financial Security
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- Not picking a goal or timeline is a common mistake made by many.
- The speaker started the hustle at a young age and had a specific goal in mind.
- They spoke to wealthy individuals to determine how much money they needed to feel financially secure.
- The goal was to have enough money to live passively off investments.
- The 3% rule was used to calculate the required amount of money.
- The goal was set at $600,000 per year.
- Information from the subreddit Fatfire provided additional insights into achieving financial security.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode